The Howard Hughes Corporation will spend $700 million to build a movie studio in Summerlin. The CEO of the Howard Hughes Corporation, David O’Reilly, has partnered with Sony Pictures to develop a movie studio on the west side of the valley. There are two possible sites for a production studio, one located at Durango Drive and Sunset Road and another in Summerlin South at Flamingo Road and Town Center Drive. The 60-acre Summerlin site has plans for 500,000 to 600,000 square feet of studios, a hotel site, associate office, back office, and a retail village. Currently the site houses a furniture store and some office spaces. There are also plans to build a training facility to teach locals how to work with related equipment. In May, actor Mark Wahlberg and developers held a meeting with Nevada legislation to advocate for “The Film Bill” which proposes up to $190 million in tax breaks each year for production studios to operate in Southern Nevada until 2043. O’Reilly says that with this bill, southern Nevada is presented with a great opportunity in terms of film production. He also stated that these movie studios will create 10,000 construction jobs and 6,800 new permanent careers for the people of southern Nevada.
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